Monthly Archives: December 2012

GOLD PRICE NEWS – The price of gold rebounded modestly on Friday following several days of significant weakness. Gold prices received a boost from financial markets moving into risk-off mode as progress on the U.S. fiscal cliff situation stalled.  The spot gold … Continue reading

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Current Gold Price Weakness “Is Not Sustainable”

    GOLD PRICE NEWS – The gold price oscillated between gains and losses on Monday as precious metals remained in their recent consolidation mode.  The spot price of gold held steady near unchanged at $1,695.67 per ounce, while the U.S. Dollar … Continue reading

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Fiscal Cliff Impasse Fuels Gold Price Rebound | GoldAlert

GOLD PRICE NEWS – The price of gold rebounded modestly on Friday following several days of significant weakness. Gold prices received a boost from financial markets moving into risk-off mode as progress on the U.S. fiscal cliff situation stalled.  The spot gold … Continue reading

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Bloomberg: Gold gains as US budget deal optimism spurs commodities

Bloomberg: Gold gains as US budget deal optimism spurs commodities: http://www.bloomberg.com/news/2012-12-18/gold-advances-as-u-s-budget-deal-optimism-spurs-commodities….

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Historic Sutter’s Creek Gold Mine Reopens

Watching to see how this goes…

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Colorado Day 5, Part 1: The Old Hundred Mine

Originally posted on The Elements Unearthed:
The Red Mountains near Ouray, Colorado. My original plans for this fifth day in Colorado’s mining towns was to drive north on Highway 550 to Montrose, then east on U. S. 50 and south…

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US Dollar Purchasing Power vs Gold

Originally posted on livinginabubbleblog:
Source: Sharelynx Gold How many ounces of gold will $1000 purchase? These charts show the loss in purchasing power of the US Dollar from 1720 to 2012. The Nixon Shock of 1971 caused the last major…

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